04:35 AM EST, 03/08/2024 (MT Newswires) -- Samsara (IOT) reported late Thursday it swung to fiscal Q4 adjusted profit of $0.04 per diluted share from a $0.02 loss per share a year earlier.

Analysts polled by Capital IQ expected $0.03 earnings per share.

Revenue for the quarter ended Feb. 3 was $276.3 million, up from $186.6 million a year earlier. Analysts polled by Capital IQ expected $258.3 million.

For fiscal Q1, the company expects to report a breakeven to $0.01 earnings per share on an adjusted basis and revenue of $271 million to $273 million. Analysts polled by Capital IQ are expecting earnings of $0.01 per share and revenue of $272.4 million.

For fiscal year 2025, the company expects adjusted earnings of $0.11 to $0.13 per share and revenue of $1.19 billion to $1.2 billion. Analysts polled by Capital IQ are expecting earnings of $0.12 per share and revenue of $1.2 billion.